Praise for Managing Credit Risk 'Against a backdrop of radical industry evolution, the authors of Managing Credit Risk provide a concise and practical overview of these dramatic markets and technical developments in a book that has become a standard reference in the field.' -Thomas C. Wilson, Chief Insurance Risk Officer, ING Group 'Managing Credit Risk is an outstanding intellectual achievement. The authors have provided investors with a comprehensive view of the state of credit analysis as the implications of the financial engineering revolution become fully revealed.' -Martin S. Fridson, CFA, Chief Executive Officer, FridsonVision LLC 'This book provides a comprehensive review of credit risk management that should be compulsory reading for not only those who are responsible for such risk, but also for financial analysts and investors. An important addition to a significant subject.' -Brian Ranson, Managing Director, Moody's Analytics 'This book straddles the vast landscape of the credit market, reflecting the major changes in the past decade, namely the commoditization of credit risk by sophisticated players, through the use of synthetic securities, securitization, and the application of advanced quantitative tools. I know of no other book on the subject with as comprehensive a coverage of this fast-growing field.' -Sanjiv Das, Professor of Finance, Santa Clara University 'At just the right time, the authors of Managing Credit Risk give us an up-to-date and comprehensive look at the complex, internationally connected world of credit. The author illuminates the subject with depth and delivers it in a writing style that will stimulate rather than dull the brain for what could have been a very dry topic.' -Barrett Burns, President and CEO, VantageScore Solutions LLC 'Managing Credit Risk lays out in clear terms the multiple innovations that we have seen in the credit markets including quantitative analysis of both consumer and corporate financing and portfolio management, securitization and structured financing, derivatives, and other tools. The authors, strongly and correctly, maintain that these innovations must be used by all originators and investors in credit assets in the context of a strong credit risk management culture.' -Philip Sherman, financial services industry consultant
Do you wonder how you could ever stand in front of a group of children or adults and teach them about financial literacy when you don't feel like a very financially literate person? Do you wonder how to teach others about entrepreneurship when you aren't an entrepreneur? Do you wonder how to encourage more teachers to teach financial literacy to students? Do you wish you had a resource that could help you learn these topics faster, better, and in a way that reduces your emotional and personal exposure? This book will show you how to turn what you already know about the world of business and financial literacy into fantastic teachable moments for your students. You will also learn how to turn what you don't know about the world of entrepreneurship and personal finance into wonderful opportunities for learning and personal development for you and your students. Learn how to discuss key financial concepts in a relaxed and comfortable format; what we have attitudes about and why, how we see our finances and the finances of others, and where we all fit in the overall financial landscape. Learn how to bring out the best personal financial insights from students and to bring out the absolute truth of your own financial experiences. This book will help you overcome the common fears all teachers experience when teaching students of any age the ups and downs of personal finance and entrepreneurship. If you teach or want to learn more about money, finance, or business, this book should be in your personal and school libraries. Special Bonus Section Learn how to develop a consulting business built on the strengths of your teaching career, from the initial stages of forming partnerships with community organizations to developing program proposals. If you ever dreamed of being a consultant and want to learn to market your services in education for the benefit of others, this book is for you.
In this thoroughly revised and updated third edition of Fundamentals of Health Care Financial Management, consultant and educator Steven Berger offers a practical step-by-step approach to understanding the fundamental theories and relationships guiding financial decisions in health care organization. Set in a fictional mid-sized hospital, the book is written in diary form, taking the reader into the inner workings of the finance executive's office. This introduction to the most-used tools and techniques of health care financial management includes health care accounting and financial statements; managing cash, billings and collections; making major capital investments; determining cost and using cost information in decision-making; budgeting and performance measurement; and pricing. As in the previous editions, this book introduces key practical concepts in fundamental areas of financial management.
EDUCATION AND CREDENTIALS: Doctor of Management in "Homeland Security" from Colorado Tech University, Denver, USA, Master of Business Administration (MBA) in "Finance and Accounting" from Regis University, Denver, USA, Bachelor in Economics, "Financial Management", C. University of Kinshasa/Congo, Certified (C.P.E) in Taxation, The Tax University, Denver/USA. GENERAL SKILLS: International Consultant in the area of Homeland Security, finance, Management,taxation, accounting, and Audit, Studies, Analysis, Design and Orientation of the National Security Plan, Security, Intelligence, and Criminal Investigation, Management and Development Organization, University professor in the area of national security and Homeland Security, Management of Leadership, Government Policy, Anti-terrorist strategies in major public places, and Other areas: Administration, budgets and financial forecasts on a regular basis, Audit and Control, Management and Monitoring of Development and Humanitarian Aid, Innovation Analysis of Security Tactics, Emergency Management, etc.
The definitive biography of the most important economic statesman of our timeSebastian Mallaby's magisterial biography of Alan Greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into vivid focus the mysterious point where the government and the economy meet. To understand Greenspan's story is to see the economic and political landscape of the last 30 years--and the presidency from Reagan to George W. Bush--in a whole new light. As the most influential economic statesman of his age, Greenspan spent a lifetime grappling with a momentous shift: the transformation of finance from the fixed and regulated system of the post-war era to the free-for-all of the past quarter century. The story of Greenspan is also the story of the making of modern finance, for good and for ill.Greenspan's life is a quintessential American success story: raised by a single mother in the Jewish émigré community of Washington Heights, he was a math prodigy who found a niche as a stats-crunching consultant. A master at explaining the economic weather to captains of industry, he translated that skill into advising Richard Nixon in his 1968 campaign. This led to a perch on the White House Council of Economic Advisers, and then to a dazzling array of business and government roles, from which the path to the Fed was relatively clear. A fire-breathing libertarian and disciple of Ayn Rand in his youth who once called the Fed's creation a historic mistake, Mallaby shows how Greenspan reinvented himself as a pragmatist once in power. In his analysis, and in his core mission of keeping inflation in check, he was a maestro indeed, and hailed as such. At his retirement in 2006, he was lauded as the age's necessary man, the veritable God in the machine, the global economy's avatar. His memoirs sold for record sums to publishers around the world.But then came 2008. Mallaby's story lands with both feet on the great crash which did so much to damage Alan Greenspan's reputation. Mallaby argues that the conventional wisdom is off base: Greenspan wasn't a naïve ideologue who believed greater regulation was unnecessary. He had pressed for greater regulation of some key areas of finance over the years, and had gotten nowhere. To argue that he didn't know the risks in irrational markets is to miss the point. He knew more than almost anyone, the question is why he didn't act, and whether anyone else could or would have. A close reading of Greenspan's life provides fascinating answers to these questions, answers whose lessons we would do well to heed. Because perhaps Mallaby's greatest lesson is that economic statesmanship, like political statesmanship, is the art of the possible. The Man Who Knew is a searching reckoning with what exactly comprised the art, and the possible, in the career of Alan Greenspan.
The success of your business can depend on having access to the necessary capital. Financing and Raising Capital shows how all types of company can meet the challenge of obtaining funds for growth and special projects. Comprehensively explaining the basics for both entrepreneurs and corporate finance professionals, it provides authoritative analysis and strategies. Let the experts guide you through the process of raising capital, with contributions from over 30 leading practitioners and academics, including Lawrence Brotzge (consultant and angel investor), David Wyss (chief economist, Standard & Poor's), Frank J. Fabozzi (professor, Yale), Seth Armitage (professor, Edinburgh), and Augusto de la Torre (chief economist, Latin America and the Caribbean, World Bank).
This book is very crucial for academic and research areas in the area of taxation.Now a days the government expenditure is increasing because there is a pressure from the society demanding social services like education and health sectors.Therefore, to fulfill the demand there must be a new change to improve the government revenue through taxation.This book incorporates very important elements that can affect tax revenue and their solutions.The Author of this book is trainer of finance and accounting in the university and it has more experience in tax advising and in the education and research in the area of Accounting and Finance.The Author is academician,researcher and professional consultant.
A well-balanced and accessible introduction to the elementary quantitative methods and Microsoft® Office Excel® applications used to guide business decision making Featuring quantitative techniques essential for modeling modern business situations, Introduction to Quantitative Methods in Business: With Applications Using Microsoft® Office Excel® provides guidance to assessing real-world data sets using Excel. The book presents a balanced approach to the mathematical tools and techniques with applications used in the areas of business, finance, economics, marketing, and operations. The authors begin by establishing a solid foundation of basic mathematics and statistics before moving on to more advanced concepts. The first part of the book starts by developing basic quantitative techniques such as arithmetic operations, functions and graphs, and elementary differentiations (rates of change), and integration. After a review of these techniques, the second part details both linear and nonlinear models of business activity. Extensively classroom-tested, Introduction to Quantitative Methods in Business: With Applications Using Microsoft® Office Excel® also includes: * Numerous examples and practice problems that emphasize real-world business quantitative techniques and applications * Excel-based computer software routines that explore calculations for an assortment of tasks, including graphing, formula usage, solving equations, and data analysis * End-of-chapter sections detailing the Excel applications and techniques used to address data and solutions using large data sets * A companion website that includes chapter summaries, Excel data sets, sample exams and quizzes, lecture slides, and an Instructors' Solutions Manual Introduction to Quantitative Methods in Business: With Applications Using Microsoft® Office Excel® is an excellent textbook for undergraduate-level courses on quantitative methods in business, economics, finance, marketing, operations, and statistics. The book is also an ideal reference for readers with little or no quantitative background who require a better understanding of basic mathematical and statistical concepts used in economics and business. Bharat Kolluri, Ph.D., is Professor of Economics in the Department of Economics, Finance, and Insurance at the University of Hartford. A member of the American Economics Association, his research interests include econometrics, business statistics, quantitative decision making, applied macroeconomics, applied microeconomics, and corporate finance. Michael J. Panik, Ph.D., is Professor Emeritus in the Department of Economics, Finance, and Insurance at the University of Hartford. He has served as a consultant to the Connecticut Department of Motor Vehicles as well as to a variety of health care organizations. In addition, Dr. Panik is the author of numerous books, including Growth Curve Modeling: Theory and Applications and Statistical Inference: A Short Course, both published by Wiley. Rao N. Singamsetti, Ph.D., is Associate Professor in the Department of Economics, Finance, and Insurance at the University of Hartford. A member of the American Economics Association, his research interests include the status of war on poverty in the United States since the 1960s and forecasting foreign exchange rates using econometric methods.
Leadership is learnable A Warren Bennis Executive Briefing Series BookCrosby is taking his message to a different audience - a growing army of intelligent young men and women who are setting out to become executives by choice and for the right reasons. - Central Florida Business In this, his eleventh book, world-renowned consultant Philip Crosby offers readers a simple, yet ingenious method for assessing the skills of those they've been assigned to follow, as well as their own leadership abilities. Leaders, he says, come in five versions?Destructor, Procrastinator, Caretaker, Preparer, and Accomplisher. And by examining each of those character types in relation to his four Absolutes of Leadership, the author establishes a framework would-be leaders can use to build quality leadership skills of their own.Crosby also discusses the leader's role in organizational finance and quality, and in dealing with customers, suppliers, employees, and bosses. You know a leader when you meet one, he asserts and he maintains that those people who already have leadership potential will blossom once they understand and epitomize the precepts set forth in this groundbreaking work.
An inside look at modern approaches to modeling equityportfolios Financial Modeling of the Equity Market is themost comprehensive, up-to-date guide to modeling equity portfolios.The book is intended for a wide range of quantitative analysts,practitioners, and students of finance. Without sacrificingmathematical rigor, it presents arguments in a concise and clearstyle with a wealth of real-world examples and practicalsimulations. This book presents all the major approaches tosingle-period return analysis, including modeling, estimation, andoptimization issues. It covers both static and dynamic factoranalysis, regime shifts, long-run modeling, and cointegration.Estimation issues, including dimensionality reduction, Bayesianestimates, the Black-Litterman model, and random coefficientmodels, are also covered in depth. Important advances intransaction cost measurement and modeling, robust optimization, andrecent developments in optimization with higher moments are alsodiscussed. Sergio M. Focardi (Paris, France) is a founding partnerof the Paris-based consulting firm, The Intertek Group. He is amember of the editorial board of the Journal of PortfolioManagement. He is also the author of numerous articles and books onfinancial modeling. Petter N. Kolm, PhD (New Haven, CT and NewYork, NY), is a graduate student in finance at the Yale School ofManagement and a financial consultant in New York City. Previously,he worked in the Quantitative Strategies Group of Goldman SachsAsset Management, where he developed quantitative investment modelsand strategies.
Remember travel agencies? They were a thriving business not so long ago. Then online services transformed the industry, and brick-and-mortar travel agencies died - and died quickly. Today, traditional car dealerships are facing much the same threat. Innovative and convenient digital startups and services threaten to disrupt the traditional car-sale process, egged on by consumers who aren’t happy with the existing sales process. If car dealerships don’t adapt, they too will face an industry-wide extinction. Perfect Dealership offers help and hope for dealerships struggling to adapt to this digital-based paradigm shift. Consultant Max Zanan applies 15 years of automotive-industry experience to the future of the car dealership. Arguing that dealerships must make significant changes if they are to survive the coming storm, Zanan takes a close look at every department within the business, including: human resources business development centers information technology parts and service finance and insurance By improving the role of each department and transforming them from individual echelons into a cohesive whole, Zanan offers a road map for the creation of a perfect dealership - the only way to remain relevant and solvent in the digital age. 1. Language: English. Narrator: Will Stauff. Audio sample: http://samples.audible.de/bk/acx0/102881/bk_acx0_102881_sample.mp3. Digital audiobook in aax.
Steve Loveland, the owner of a software firm, has hit bottom. He's about to lose his company and family, and he's desperate to turn things around. Jennifer Silverstone, a finance-savvy consultant, helps him implement the six essential dashboards every business needs. This transition to running a business with numbers, which every entrepreneur must eventually make, gives him the clarity required to save his business. With plenty of real-life problems, like a layoff, company-wide salary reduction, bank loan negotiation, family issues, and more, following Steve through this journey teaches fundamental finance and accounting principles in an interesting and engaging format. No matter where a business is in its life cycle, the contents of this book will empower entrepreneurs everywhere to Impact Your Business. 1. Language: English. Narrator: Spencer Cannon. Audio sample: http://samples.audible.de/bk/acx0/017794/bk_acx0_017794_sample.mp3. Digital audiobook in aax.